Iran has proposed an oil embargo on Israel in retaliation to the country’s military action in Gaza, which has become the battleground in the Israel and Hamas war. On Tuesday,
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The Ijaw Youths Network has called on stakeholders in the Niger Delta to support Tantita Security Services in reducing the harrowing theft of the nation’s crude oil resources. In a
Abia state government says 100 hectares of land will be provided to private sector players in the oil and gas industry for the construction of an environmentally friendly energy hub.
The Nigerian National Petroleum Company (NNPC) Limited has started buying petrol via cash tenders, rather than oil swaps, Reuters is reporting. The previous swap arrangement, known as direct sale, direct
The federal government says it aims to increase crude oil production to at least two million barrels per day (bpd)
The Nigerian Upstream Petroleum Commission (NUPRC) says it has granted a petroleum exploration licence (PEL) to TGS-PetroData Offshore Services Limited
The Nigerian Gas Association (NGA) has called for an immediate and critical review of the Petroleum Industry Act (PIA) to
Nigeria’s oil production increased to 1,346,562 barrels per day (bpd) in September 2023. The country’s drilling performance is contained in
Gbenga Komolafe, chief executive officer (CEO) of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), says the agency is optimistic that
Mele Kyari, group chief executive officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, says Nigeria will become a